more fundraising news & analysis – Page 54
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Analysis & Features
How an ambitious Danish start-up plans to get fmcg brands into China – and why it’s moving to London
Shobr has just secured investment from China and moved its HQ to Mayfair. Now it has its sights on Asia
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News
Northern Bloc to ramp up production with growth funding
Since launching its first ice cream from a vintage van at Leeds Trinity Kitchen in 2014, Northern Bloc has grown rapidly and is on course to generate turnover of more than £1m this year.
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News
Canny secures £100k from the crowd to reformulate and target big four listings
Canny plans to use the cash to launch a reformulated version of its chocolate milkshake sweetened with agave and to target supermarket listings.
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News
Nestlé gets more aggressive with updated strategic plan
Daniel Loeb’s Third Point hedge fund called for “bold action” at the “staid” group
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News
McBride refinances debt to cut costs by £2m a year
Private label consumer goods manufacturer McBride (MCB) has refinanced its existing banking facilities to buy back previously issued bonds and support its “Repair, Prepare, Grow” strategy.
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News
Nisa Retail frees up £120m with refinancing move
Deal comes amid rumours of a multimillion-pound takeover by Sainsbury’s
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Analysis & Features
The trouble with crowdfunding
What’s the success rate for crowdfunded startups? And is there adequate protection, or are punters just punks? We take a look at the winners … and losers
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News
Shetland Mussels nets multimillion-pound funding package to double production
Rope-grown mussels producer Shetland Mussels has secured a multimillion-pound finance package to help double production.
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Comment & Opinion
A business case for investing in food & drink startups
The focus on natural, healthy and organic products is creating opportunities for smaller, ‘authentic’ lines, says Richard O’Gorman of the Rabo Food & Agri Innovation Fund
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News
Halo Coffee raising £1.6m to spur global growth
Eco-friendly coffee start-up Halo is seeking £1.6m funding to “aggressively” grow the business in the UK and overseas.
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News
Moody’s downgrades Reckitt Benckiser after Mead Johnson deal approval
Rating agency Moody’s has cut the long-term credit rating of Reckitt Benckiser (RB) by two notches following the approval of its US$17.9bn acquisition of US baby milk group Mead Johnson.
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News
Ocado seeks to borrow £200m to grow capacity and improve offer
The online retailer today said it was keen to take advantage of “historically low financing costs”
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News
Gusbourne to raise £4.2m in placing to expand wine production
English sparkling wine producer Gusbourne is aiming to raise £4.2m of fresh funds in a share placing to invest in new vineyards and expand production.
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News
Tapped seeks £200k from crowd to expand birch water range
Birch water brand Tapped is raising £200,000 in a crowdfunding campaign to invest in marketing and grow its product range.
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News
Coldpress scores £2.3m in growth investment
The drinks maker plans to use the money to rapidly build its distribution capability beyond grocery
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News
Yogurt supplier Llaeth Y Llan upgrades dairy to support expansion drive
The Welsh Government has supported the project
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News
Eagle Eye to raise £6m for expansion drive
AIM-listed retail technology firm Eagle Eye is to raise £6m to boost its marketing spend and target expansion in Canada and North America.
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News
Twisted Halo set to launch bid for £450k on Seedrs platform
Alcoholic coconut water brand Twisted Halo is set to launch a £450,000 crowdfunding campaign next week
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News
Robert Porter-Smith joins backers of smoothie kit newbie Pack'd
Frozen smoothie kit startup Pack’d has secured £350,000 from three investors
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News
Express delivery service Quiqup raises £20m to fund growth
The startup has begun operating a delivery service for Whole Foods Market, Burger King and Tesco in London